Programs
Builders Capital tailors our financial programs
to fit the various needs of single family home builders
in Washington state. We currently lend in King, Snohomish, Pierce, and Thurston Counties.
Spec Construction Loans |
| Property Types |
Single-family, 1 to 4 units, Non-rural |
| Loan to Cost (LTC) |
70% LTC |
| Lot Acquisition |
Finished lot purchase can be included; free and clear option available; subordinate land considered on a case by case basis |
| Deed of Trust |
First position only |
| Terms |
6 to 9 months (extensions available) |
| Docs Required |
Full documentation required |
| Builder Experience |
A minimum of five years of experience is preferred; builders with less experience will be evaluated on a case by case basis. |
| Loan Amounts |
$50,000 to $600,000 |
Presold Construction Loans |
| Property Types |
Single-family, 1 to 4 units, Non-rural |
| Loan to Cost (LTC) |
90% LTC |
| Lot Acquisition |
Finished lot purchase can be included; free and clear option available |
| Deed of Trust |
First position only |
| Terms |
6 to 9 months (extensions available) |
| Docs Required |
Full documentation required |
| Builder Experience |
A minimum of five years of experience is preferred; builders with less experience will be evaluated on a case by case basis. |
| Loan Amounts |
$50,000 to $600,000 |
Loan to Cost (LTC) includes all hard costs and soft costs.
Ask us about our competitive interest rates by requesting a current pricing sheet.
Learn more about our Spec Construction Loans and Presold Construction Loans.
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